Business Intelligence: What It Is & Its Importance

 Hello all,

Sometimes, we are so engrossed in following the old ways that we forget about adopting the new methods and technology. Although business intelligence (BI) existed even before big data made its presence felt, it was not taken seriously. The use of digital tools to understand data, collect it and store it has revolutionised the way business’s function. It has been a few years that we have been using BI in our organisation and it has got us amazing results. The whole system is now dependent on BI because of the data and the information it offers. Every business owner should know about it. So, here is an article that will help you understand this better. 

https://www.business2sell.com.au/blogs/evaluation/business-intelligence-what-it-is-its-importance

Collection House calls in administrators: Was Volt collapse the spark?

 A recapitalisation plan has failed to save debt collector Collection House (ASX: CLH) after it languished for two years in COVID-induced doldrums and a weak national economic situation, with the company today announcing it has appointed administrators.

The Brisbane-based company today requested its securities be suspended from trading on the ASX and has appointed FTI Consulting as voluntary administrators who now have the ironic task of protecting Collection House from creditors chasing up debts of their own.

CLH said the decision came after “exhaustive attempts to restructure the business and raise additional funding were unsuccessful”. This included multiple divestments of assets including its debt ledger book to Credit Corp Group (ASX: CCP).

Read More: https://www.businessnewsaustralia.com/articles/debt-collector-collection-house-faces-the-music--appoints-administrators.html

SEEK Investments commits $20m to casual staffing platform Sidekicker

 Casual and temporary staffing platform Sidekicker has secured $20 million in funding from Seek Investments as it adapts to the significant increase in demand in the space following the lifting of lockdown measures across Australia and New Zealand.  

Currently placing an average of 2,500 workers, known as sidekicks, into jobs each week, the Melbourne-based company aims to help businesses experiencing worker shortages due to the pandemic's ongoing effects on the labour market.

Sidekicker CEO Thomas Amos, who co-founded the company with Jacqui Bull in 2013, said that the company’s continued growth is due to businesses switching from traditional hiring models and turning to platforms like Sidekicker.

Read More: https://www.businessnewsaustralia.com/articles/sidekicker-raises--20m-as-it-seeks-out-new-opportunities-for-growth.html

Dexus awards John Holland building contract in $2.1b Waterfront Brisbane project

 After securing an $830 million contract from Dexus (ASX: DXS), Melbourne-based builder John Holland is slated to develop the first stage of Waterfront Brisbane later this year – a $2.1 billion business and tourism project at Eagle Street Pier.

John Holland will lead the construction of the project’s 49-storey north tower - which will feature 72,500sqm of office space - in addition to a new riverside walk and integrated retail areas.

The builder will close the Riverwalk when construction commences and employ up to 650 workers during the peak of the project’s development. John Holland expects to complete the first tower by 2027.  

Read More: https://www.businessnewsaustralia.com/articles/dexus-awards-john-holland-building-contract-in--2-1b-waterfront-brisbane-project.html